September 1, 2014 / 8:15 AM / 3 years ago

Toyota says August China auto sales up 8.9 pct y/y

BEIJING, Sept 1 (Reuters) - Toyota Motor Corp and its two Chinese joint ventures sold about 78,500 vehicles in China in August, up 8.9 percent from a year earlier, the Japanese automaker said on Monday.

That followed a 1.1 percent year-on-year fall in July and a 7.6 percent drop in June. In the first eight months of the year, Japan’s biggest automaker by sales volume sold about 619,200 vehicles in China, up 9.7 percent from a year earlier.

Toyota this year aims to sell more than 1.1 million vehicles in China. If accomplished, this would see the carmaker surpass annual sales of 1 million vehicles in China for the first time, a target it originally aimed for in 2010. Last year, Toyota sold 917,500 vehicles in China.

Toyota operates joint ventures in China with China FAW Group Corp and Guangzhou Automobile Group . (Reporting by Norihiko Shirouzu; Editing by Mat Driskill)

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